Los Angeles Lofts – What Sold at Alta Recently

Find out what your neighbor's loft sold forKnowing what was actually paid recently for loft is a great way to find out the real home values and to get an idea of what it could cost to buy a comparable loft today. It’s a great way to educate yourself on the marketplace. Knowing what a nearby home sold for can help you determine what your home might sell for if you decided to put it on the market.

Below are recently sold loft condominiums at Alta Lofts with prices paid:

 Recently Sold Alta Lofts by all brokers

SOLD
200 N SAN FERNANDO RD  #305LOS ANGELES, CA 90031
$415,000 MLS#: 15-934945
1
Beds
1.00
Baths
970/VN
Sq. Ft
$412.37
$/Sq. Ft
Area: (42) Downtown L.A. Subdivision: 
HOA: $407.00(N/A) Year Built: 1925
Pool: No Land Type: 
Remarks: Enjoy 970 square feet of open space of this genuine industrial Alta live-work loft. High ceilings, large windows with lots of natural light. East views facing the mountains to Downtown and Elysian Park. This industrial loft features wood floors, concrete features, exposed plumbing, polished black granite counters, stainless appliances, BIG bathroom with tile floor and stainless sink, washer-dryer in unit, central A/C and heat, closet. Gated parking space. Neoclassical building design with detailed relief and gargoyles on front facade, topped with modern additions. Amenities include social party room, gym, BBQ, citrus trees, courtyard lounge, gated guest parking. Pet friendly. PM security guard. Walk to shops, food, transportation. By Downtown, Chinatown, Elysian Park and Lincoln Heights Metro Station.

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SOLD
200 N SAN FERNANDO RD  #209LOS ANGELES, CA 90031
$418,000 MLS#: 15-915617
1
Beds
1.00
Baths
1,020/VN
Sq. Ft
$371.57
$/Sq. Ft
Area: (1375) Lincoln Heights Subdivision: 
HOA: $412.00(N/A) Year Built: 1925
Pool: No Land Type: 
Remarks: Stunning, modern, light-filled 1020 square foot newly constructed loft in historic 1925 warehouse located in up and coming Lincoln Heights neighborhood. Adjacent to Silver Lake, Echo Park, Highland Park, Eagle Rock and downtown LA. Walk to parks and metro, easy and immediate access to several freeways. 1 block from LA River park and bike path.Loft-style open kitchen has black granite countertops, stainless steel appliances, built-in microwave and Bosch dishwasher. 10.5 foot exposed concrete ceilings and columns. Unit was constructed in 2009 with all new copper plumbing, central heat/ AC and electric. Building is pre-wired for high-speed internet, cable and phone. Wall of upgraded double-paned windows with southern exposure facing downtown LA and Ascot Hills park. Built-in wardrobes and custom-built maple wood shelving throughout. Building has great amenities such as private gated parking structure with deeded spaces, center courtyard, shared gas grills and fitness center.

More Details

SOLD
200 North San Fernando Road #314  #314Lincoln Heights, CA 90031
$420,000 MLS#: 315003218IT
2
Beds
1.00
Baths
1,120/PR
Sq. Ft
$365.67
$/Sq. Ft
Area: (1375) Lincoln Heights Subdivision: Not Applicable-677
HOA: $420.00(Monthly), $0.00(Monthly) Year Built: 1925
Pool: No Land Type: Fee
Remarks: Cool/Hip/Modern describes this dwelling at the Alta Lofts with views of Downtown Los Angeles. The sunset vista inspires tranquility from the living room. The building facade reflects Spanish Revivalism. If you have an artistic flare, then this is the place for you. Great spot for entertaining family and friends. Original architect firm was Morgan, Walls and Clements (Mayan & Wiltern Theaters). High ceilings have exposed pipes and beams for the industrial look. Floor to ceiling windows provide plenty of natural light. Large bedroom with private balcony. Open floor plan in the kitchen and living room. Hardwood floors. There’s a tv in the bathroom to ensure you won’t miss any of your favorite shows. In unit washer/dryer. Blocks away from the Ed Reyes River Greenway and Metro Gold Line. Close proximity to many restaurants/bars/coffee shops/clothing shops and more. Downtown LA, USC, Glendale, Pasadena, Dodger Stadium, Chinatown, Silver Lake are all nearby.

More Details

SOLD
200 North San Fernando Road #412  #412Los Angeles, CA 90031
$425,000 MLS#: 314031454IT
2
Beds
1.00
Baths
1,300/PR
Sq. Ft
$326.92
$/Sq. Ft
Area: (1375) Lincoln Heights Subdivision: Not Applicable-677
HOA: $440.00(Monthly), $0.00(N/A) Year Built: 1925
Pool: No Land Type: Fee
Remarks: LA River adjacent Alta Lofts provide quintessential loft living, and here is a chance to live in one of the few 2-bedroom units that have come to market over the last few years. Housed in the beautiful 1925 Fuller Paint Company Warehouse, this unit was converted in 2011 with bright bedrooms facing the internal courtyard with plantation shutter privacy and ample closet space with custom shelving. Living room views include DTLA, City Hall, and Elysian Park Hills, lit up by Dodger Stadium lights on game nights. Wood floors and kitchen cabinets, granite countertops, and stainless appliances grace the large living space, which includes high ceilings, exposed ducting, and contrasting pillars, remnants from the original warehouse shell. Unit includes large storage closet and washer/dryer area. A few blocks from the metro, minutes to DTLA and Chinatown, this loft is also a short jaunt to Reyes River Park and LA State Historic Park.

More Details

Find out what your neighbor’s home down the street sold for.

sold-for

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Copyright © 2015 This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not necessarily associated with the home owner’s association, seller or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com  Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

L.A. and O.C. Home Prices Jump 6.1% While Downtown Los Angeles Home Prices Jump 8.2%

200-n-san-fernando-rd-105-028_320x240eThe Los Angeles times reports that home prices in Los Angeles and Orange counties posted strong gains in July, rising 6.1% from a year earlier.  That was larger than the 4.7% increase seen nationally, the Standard & Poor’s/Case-Shiller index showed. Compared with June’s figures, prices inched up 0.4% in the L.A. area. Downtown prices of course outperformed the rest of Los Angeles County, Orange County and nationwide.

National figures are not as bright. Sales of nationwide previously owned homes dropped 4.8% in August from a month earlier.

800-west-1st-street-7th-006_web

And on Monday, the National Association of Realtors reported that pending sales — based off signed contracts, not closed deals — fell 1.4% last month for the U.S.

200-n-san-fernando-rd-105-008_640x480 copyDowntown LA provides the happiest story because local homeowners gained an average $48,711 in home value this past year.  The naysayers who said a year ago that Downtown prices were “too high” have again been proven wrong. Downtown has yet again out-performed the surrounding area and the nation. Downtown Los Angeles home prices are up 8.2% in the 12 months over the previous year.

Here are the numbers for Downtown Los Angeles for the most recent 12 months, and the year before that (provided by the L.A. Loft Blog using MLS data as of 09/29/2015):

Last 12 months: 476 homes sold.  Average price of $640,574
Previous 12 months: 482 homes sold. Average price of $591,863

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Find homes in Downtown Los Angeles:

LOFT & CONDO LISTINGS DOWNTOWN L.A.  [MAP]

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SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $30,000,000
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking

 

Copyright © 2015 This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not necessarily associated with the home owner’s association, seller or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.